GE favorite to supply the turbines for NPP Paks expansion project – Hungary, 14 November 2016

Commercial Director at General Electric (GE) Steam Power Systems Michael Keroulle said that the company could be considered as a favorite for winning a contract on the supply of turbines for the project of the expansion of Hungarian sole nuclear power plant Paks.
Keroulle explained that the construction of the turbines island should cost some 3 billion euros, while turbines, generators and other equipment would cost additional one billion euros. The cost of NPP Paks expansion project is estimated between 10 and 12 billion euros. He added that GE Steam Power System is already supplying turbines for nuclear power plant in Finland which is of a similar design to NPP Paks and is being built by the same contractor – Russian company Rosatom.

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